Cost of Living: Houma, LA vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,268/mo in Houma, LA versus $4,227/mo in Chicago, IL. In the model, rent is about 14.73% of gross in Houma, LA versus 20.28% in Chicago, IL, so Houma, LA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Houma, LA and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Houma, LA
- Lower home prices: Chicago, IL
- Higher median household income: Chicago, IL
Cost of Living Index
Houma, LA: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Houma, LA, so a given salary generally stretches further there.
Median Rent
Houma, LA: $961/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Chicago, IL is $362/mo higher than in Houma, LA.
Median Home Price
Houma, LA: $207,900 · Chicago, IL: $147,800
Median home price in Houma, LA is $60,100 higher than in Chicago, IL.
Median Household Income
Houma, LA: $54,637 · Chicago, IL: $56,815
Chicago, IL has a higher median household income than Houma, LA by $2,178.
Houma, LA overview · Chicago, IL overview · Popular comparisons